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FDIC RIN: 3064-AC98 Publication ID: Fall 2008 
Title: Large-Bank Deposit Insurance Determination Modernization Proposal 
Abstract: The FDIC is seeking comment on whether and how the largest insured depository institutions should be required to modify their deposit account systems to speed depositor access to funds in the event of a failure. Today, insured institutions do not track the insured status of their depositors yet the FDIC must make deposit insurance coverage determinations in the event of failure. The current process might result in unacceptable delays if used for an FDIC-insured institution with a large volume of deposit accounts. Such delays would have an impact on depositors' ability to access their funds and are likely to result in a resolution (of the failed institution) significantly more costly to the Deposit Insurance Fund. As currently contemplated, the options discussed in the ANPRM would apply only to the 152 insured depository institutions with more than 250,000 deposit accounts and more than $2 billion in domestic deposits, as well as seven additional institutions with total assets over $20 billion, less than 250,000 deposit accounts and at least $2 billion in domestic deposits. In December 2005 the FDIC issued a prior advance notice of proposed rulemaking on this subject. This ANPRM is a follow-up to that issuance. The FDIC is seeking comment on all aspects of the ANPRM. 
Agency: Federal Deposit Insurance Corporation(FDIC)  Priority: Other Significant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Completed Actions 
Major: No  Unfunded Mandates: No 
CFR Citation: Not Yet Determined     (To search for a specific CFR, visit the Code of Federal Regulations.)
Legal Authority: Not Yet Determined   
Legal Deadline:  None
Timetable:
Action Date FR Cite
ANPRM  12/13/2005  70 FR 73652   
ANPRM Comment Period End  03/13/2006    
Second ANPRM  12/13/2006  71 FR 74857   
Second ANPRM Comment Period End  03/13/2007    
Final Action  07/17/2008  73 FR 41180   
Duplicate of RIN 3064-AD26  10/08/2008    
Additional Information: Large-Bank Deposit Insurance Determination Modernization Proposal assigned to RIN 3064-AC98 was published under RIN No. 3064-AD26 73 FR 41180, July 17, 2008.
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
RIN Information URL: http://www.FDIC.gov/regulations/laws/federal/propose.html   Public Comment URL: http://www.FDIC.gov/regulations/laws/federal/propose.html  
RIN Data Printed in the FR: No 
Agency Contact:
James Marino
Project Manager
Federal Deposit Insurance Corporation
Washington, DC 20429
Phone:202 898-7151

Joseph A. DiNuzzo
Counsel, Legal Division
Federal Deposit Insurance Corporation
Washington, DC 20429
Phone:202 898-7349

Catherine Ribnick
Counsel, Legal Division
Federal Deposit Insurance Corporation
550 17th Street NW.,
Washington, DC 20429
Phone:202 736-0117
Email: cribnick@fdic.gov